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Topic: Why you should have a look at CORTEX blockchain (Read 179 times)

hero member
Activity: 2128
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January 20, 2020, 03:13:56 PM
#5
The problem with coins like this is that they are late to market, the market is too crowded now for them to get noticed, with low trading volume and almost no liquidity, people with big wall chest won't invest because they want to enter into a trade and get out at will, most of these small projects won't offer this. Retail investors are the ones that lost most in the last ICO burst because they bought at premium unless private sale and seed investors that bought at give away price and could afford to dump their tokens on the market
hero member
Activity: 2184
Merit: 513
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seriously i didnt know this coin, and it looks like they have a lot of support from many exchanges and investors
i will look into it a little
i dont know if i'll feel comfortable to invest a significant amount in it
maybe the project is interesting but it does not look like something that people will FOMO about
what is the incentive to buy it?
People are not interesting with AI based blockchain project as it's still too far for being implemented into the real life.
If you are buying this coin and you will get nothing caused by this is no POS based coin that will give you incentive by holding the coin. FYI if since a long time ago a bunch of AI based projects have dead caused by they lack of the buyers. https://coinmarketcap.com/currencies/cortex/markets/
Just take a look at the current ROI
member
Activity: 210
Merit: 11
seriously i didnt know this coin, and it looks like they have a lot of support from many exchanges and investors
i will look into it a little
i dont know if i'll feel comfortable to invest a significant amount in it
maybe the project is interesting but it does not look like something that people will FOMO about
what is the incentive to buy it?
member
Activity: 207
Merit: 13


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member
Activity: 308
Merit: 11
Cortex has had a lot of volume recently though it was lying under the radar for a while.
ICO around $0.50, single private placement, no bonuses to any investor.

Strengths of this coin
Implementation of AI smart contracts, which are more powerful that the current Ethereum smart contracts
An online marketplace for Artificial intelligence models, run on the Cortex Virtual Machine

More on Cortex here https://medium.com/@VictorON/a-look-into-cortexlabs-ai-platform-9b73a7bb4040
Website http://www.cortexlabs.ai/
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